Comfort Systems USA Inc (FIX)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,704,680 1,587,720 1,482,290 1,372,540 1,277,830 1,207,160 1,111,460 1,053,490 999,923 951,132 896,845 878,408 805,666 771,789 752,012 723,103 696,429 668,126 628,433 593,043
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,704,680K)
= 0.00

Comfort Systems USA Inc has consistently maintained a debt-to-capital ratio of 0.00 across the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt as a significant source of financing relative to its capital structure during this period. A debt-to-capital ratio of 0.00 typically suggests that the company's capital structure is predominantly funded by equity rather than debt. It implies a lower financial risk as there is no significant debt obligation to meet, which can be beneficial in terms of financial stability and flexibility. However, it is important to consider that a very low or zero debt-to-capital ratio might also indicate missed opportunities for leveraging debt for potential growth or tax advantages.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Comfort Systems USA Inc
FIX
0.00
EMCOR Group Inc
EME
0.00
Quanta Services Inc
PWR
0.00